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II. Instruction: Indicate your answer by writing the letter in the space provided before the statement that contains the best answer for each of the

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II. Instruction: Indicate your answer by writing the letter in the space provided before the statement that contains the best answer for each of the following questions. _1. The relationship between Households and Firms is best described as... a. Agriculture, Fishery and Forestry b. Industry Service 2. BANKING is an example of which industry sector? a. Agriculture, Fishery and Forestry b. Industry C. Service _3. Farming is an example of which industry sector? Agriculture, Fishery and Forestry b. Industry C. Service HOME CONSTRUCTION is an example of which industry sector? Agriculture, Fishery and Forestry b. Industry Service 5 GOVERNMENT SERVICES is an example of which industry sector? a. Agriculture, Fishery and Forestry b. Industry Service 6. What term best describes useful substances found in and extracted from the earth? a. Composite resource c. Natural resource b. Supernatural resource d. Synthetic resource What is the term referring to all the most basic industries (interacting with the environment and extracting its resources)? a. Agriculture, Fishery and Forestry b. Industry C. Service 8 Which industry is when businesses take raw material and change them into useful forms? a. Agriculture, Fishery and Forestry b. Industry C. Service 9. What is the study of the process by which individuals and countries make choices about the use of their resources? a. Ecology c. Ergonomics b. Economics d. Geometrics 10. What are the taxes on goods brought into the country from another country? a. Export charges c. Toll Charges b. VAT d. Tariffs

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